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The Frugal Fiduciary Small Business 401(k) Blog

Get the latest industry news, deadlines and tips you need to know to help tackle your fiduciary responsibility needs.
Lowering 401(k) Fees – Options for Sponsors and Participants

Lowering 401(k) Fees – Options for Sponsors and Participants

By: Eric Droblyen

June 10th 2020

Lowering 401(k) fees will increase the investment returns of plan participants dollar-for-dollar. Our guide can help plan sponsors and participants do that.
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How to Find & Calculate John Hancock 401(k) Fees

How to Find & Calculate John Hancock 401(k) Fees

By: Eric Droblyen

June 6th 2020

Finding John Hancock 401k fees isn't easy. In this guide, we'll show you average John Hancock fees, then how to find & calculate them in your plan.
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How to “Value” 401(k) Administration Services and Investments

How to “Value” 401(k) Administration Services and Investments

By: Eric Droblyen

May 13th 2020

To value your 401k provider, I recommend benchmarking their administration fees per capita and their investment fees based on returns. Our process can help.
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A “Rosetta Stone” for Finding 401(k) Provider Fees

A “Rosetta Stone” for Finding 401(k) Provider Fees

By: Eric Droblyen

April 29th 2020

When 401(k) fees are paid from plan assets, they reduce participant investment returns dollar-for-dollar. Find your 401(k) provider's fees using our guide.
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Don’t Let Your 401(k) Provider Hide the Cost of Your Plan

Don’t Let Your 401(k) Provider Hide the Cost of Your Plan

By: Eric Droblyen

February 5th 2020

401(k) providers can charge different fees for comparable services and investments. To avoid excessive fees, employers must know the cost of their plan.
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401(k) Fees - Rules for Allocating Among Plan Participants

401(k) Fees - Rules for Allocating Among Plan Participants

By: Eric Droblyen

October 2nd 2019

Employers have a fiduciary responsibility to allocate 401(k) fees among plan participants equitably. This job can be easy with some basic education.
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Steps for Reducing the Out-of-Pocket Cost of Retirement

Steps for Reducing the Out-of-Pocket Cost of Retirement

By: Eric Droblyen

September 4th 2019

A simple plan can dramatically reduce the cost of retirement for 401(k) participants. Investing knowledge is not required to follow the plan.
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It's Too Easy to Conceal 401k Fees – We Need 408b-2 Reform

It's Too Easy to Conceal 401k Fees – We Need 408b-2 Reform

By: Eric Droblyen

April 17th 2019

Fidelity is being accused of charging excessive, undisclosed 401(k) fees. Other providers obfuscate fees in 408b-2 disclosures. It's time for reform.
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Applying Jack Bogle’s Guiding Principle to 401(k) Provider Fees

Applying Jack Bogle’s Guiding Principle to 401(k) Provider Fees

By: Eric Droblyen

February 6th 2019

Jack Bogle's guiding principle was simple - costs matter. 401(k) participants should apply the same principle to 401(k) provider fees paid by their account.
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Calculating American Funds 401(k) Fees Using Their 408b-2

Calculating American Funds 401(k) Fees Using Their 408b-2

By: Eric Droblyen

October 31st 2018

American Funds is one of the largest 401k providers in the nation. Their 408b-2 fee disclosure is also one of the worst. Here are steps for deciphering it.
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